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Dynasty Gold to start a 4,000M drill program at Thundercloud near Dryden

Jun 19, 2024

Dynasty Gold Corp. has announced that field work for the Thundercloud Project is now underway. A team of geologists have been mobilized to the Property to prepare for drilling, trenching and geophysical work which will commence in the coming weeks. 

The Property consists of 2,250 hectares, located 47 kilometers southeast of Dryden, northern Ontario. It is readily accessible from the Trans-Canada Highway (Hwy 17). Dryden is a resource-based town with excellent infrastructure necessary for mining operations. Several large-scale mining operations in the area include New Gold's Rainy River Mine (6.4 million oz gold and 18.7 million oz silver), and Evolution Mining's Red Lake Gold Mine (9.25 million oz gold) as well as several multi-million ounce gold reserves, defined at the Canadian Malartic Hammond Reef deposit (5.8 million oz gold) by Agnico Eagle, and First Mining Gold's Springpole deposit (4.9 million oz gold).

This year's drill program will focus on drilling down-dip extensions to the high-grade gold mineralization ("shoots") that was first discovered in 2022 in the Pelham Zone. The historic workings that were found by a LiDAR survey in 2023 in the West Pelham will be mapped, trenched and followed by drilling to find similar mineralization as in the mineral rich Pelham Zone. Seven hundred meters to the southeast of the Pelham Zone, priority targets in the West Contact Zone will be test drilled to confirm the previously obtained high-grade trench assays of up to 8.04 g/t over 39 meters, as a part of the summer program. 

The Company will involve First Nation community members as the part of the work force, together to build and contribute to a strong local community.

The technical content of this release has been reviewed and approved by E. Max Baker, Ph.D. (F.AusIMM), Technical Director of the company and a "Qualified Person" ("QP") as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian mineral exploration company currently focused on gold exploration in North America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and the Midas gold camp in Nevada. The Company is currently advancing its Thundercloud gold resource in northwest Ontario as outlined in a NI 43-101 Independent Technical Report, dated September 27, 2021 that can be found on the Company and SEDAR websites. The 100% owned Golden Repeat gold project in the Midas gold camp in Elko County, Nevada, is surrounded by a number of large-scale operating mines. For more information, visit the Company website www.dynastygoldcorp.com.


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